Supermarket prices have risen by an average of 6.8 % over the past year, with eggs, infant formula and canned fish soaring above the prices of other household basics, the latest consumer watchdog survey has revealed. The Consumer Council conducted an annual poll of the prices of 200 common household food items and daily necessities at three major supermarket chains – China Resources Vanguard, ParknShop and Wellcome. It said the average increase was much higher than that of the Composite Consumer Price Index, which rose by 4.1%…Full-text article: South China Morning Post Apr 2013

Key point

  • On average, prices increased 18.1% for canned fish, 17.5% for eggs, and 17.3% for milk powder (e.g. infant formula)

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